Home » General World News » A company that helps students in developing countries go to top universities has raised $240 million

A company that helps students in developing countries go to top universities has raised $240 million





Cameron Stevens, CEO Prodigy Finance

LONDON — A fintech business that helps fund international students studying abroad has raised $240 million (£186 million) in debt and equity funding.

Prodigy Finance has raised $40 million in equity funding from leading London venture capital funds Index Ventures and Balderton Capital, as well as African fintech accelerator AlphaCode.

An unnamed “global” investment bank is providing a further $200 million debt facility to help it finance loans to postgraduate students from developing and emerging market who are studying overseas.

London-based Prodigy Finance helps promising students in places like India, China, and Africa fund their university studies by connecting them with rich read more >>>

Source:: BusinessInsider.Com

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